NAMO data is weird

Discussion in 'Technical Analysis' started by wmwmw, Sep 18, 2021.

  1. wmwmw

    wmwmw


    OK, it is good that I have found someone who can code. What were outcomes of these 7 cases? I mean after those 7days market were continuing going down or reverse?
    Never mind, I will check them myself later.

    Here is my strategy:

    1. Short SQQQ with 80% portfolio, the rest is cash.
    2. Rebalance every 10 days if:
    The account balance on the last day of last 10 days is up compared with the last day of previous 10 days;
    3.If account balance on the last day of last 10 days is down compared with the last day of previous 10 days, exit the whole position;
    4. If anytime account is hit with 13% drawdown, exit the whole position.
    5. Reenter when SQQQ price is lower on the last day of last 10 days compared with the last day of previous 10 days.
    6. The 10 days count continuously, does not change as exit or reenter happening.

    It was supposed to make like 300% annual profit,and I was trying to backtest it, but I do not know coding.
     
    Last edited: Sep 19, 2021
    #11     Sep 19, 2021
  2. jharmon

    jharmon

    Well, since it HAS happened before MULTIPLE times in the last few years and with BIGGER down days, then there's only one conclusion.

    I wonder if you'll ever get it.
     
    #12     Sep 19, 2021
  3. wmwmw

    wmwmw


    Yes, I had one judgement that was not accurate.
    You had multiple failures to simply understanding my post.
    Which is tougher?Judging market or readingng a post?
     
    #13     Sep 19, 2021
  4. jharmon

    jharmon

    LOL - I love traders like you.
     
    #14     Sep 19, 2021